Bank A holds $800 million in total deposits and $96 million in reserves.Assume that currently Bank Ahas $20 million inexcess reserves, then the required reserve ratio equals:

Group of answer choices

9.5%

12%

11%

13%

14%

Bank A has $36,000 in required reserves. The required reserve ratio is 7.2 percent. Bank A has total deposits of

Group of answer choices

$2,592

$180,000.

$480,000.

$400,000.

$500,000.